In the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area, Claims Adjusters, Examiners, and Investigators earn an average annual salary of $79,040. This figure slightly surpasses the national average of $76,760, indicating a favorable compensation landscape for these professionals in the region. Local economic factors and demand within the insurance and legal sectors likely contribute to this competitive pay.
Executive Summary
- Average Salary: $79,040 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,340.
- Outlook: The local job market for Claims Adjusters, Examiners, and Investigators in Virginia Beach-Chesapeake-Norfolk, VA-NC, comprises approximately 1,030 professionals. With a Location Quotient of 0.69, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of 1.358 jobs per 1,000 workers indicates a consistent demand for skilled individuals in this field within the area.
Salary Overview
The average Claims Adjusters, Examiners, and Investigators in Virginia Beach-Chesapeake-Norfolk, VA-NC earns+3.0%above the national average.
$38
$1,520
$6,587
Claims Adjusters, Examiners, and Investigators Salary Trends (2020-2024)
While specific historical data for this locality isn't provided, it's reasonable to assume that salaries for Claims Adjusters, Examiners, and Investigators in the Virginia Beach-Chesapeake-Norfolk, VA-NC area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased complexity of claims, and evolving regulatory environments typically drive upward salary adjustments in this profession.
Claims Adjusters, Examiners, and Investigators Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC
Career progression for Claims Adjusters, Examiners, and Investigators typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and specialized certifications can command salaries well into the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on accumulated knowledge and proven track record in handling complex cases.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,210 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,280 | $28.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,990 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,800 | $47.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,340 | $50.6 |
Detailed Claims Adjusters, Examiners, and Investigators Market Analysis
Relocation Context
Nominal Salary
$79,040
Gross Pay
Real Wage (Purchasing Power)
$79,040
Adjusted for COL (100)
The average annual salary of $79,040 in Virginia Beach-Chesapeake-Norfolk, VA-NC, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Claims Adjuster's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
1,030
Total Jobs
1.358
Per 1K Jobs
0.69
Location Quotient
Virginia Beach-Chesapeake-Norfolk, VA-NC has 0.69x the national average concentration of Claims Adjusters, Examiners, and Investigators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.69 for Claims Adjusters, Examiners, and Investigators in Virginia Beach-Chesapeake-Norfolk, VA-NC, suggests that this profession is slightly less concentrated here compared to the national average. This indicates a moderate level of competition, with opportunities available for skilled professionals, but perhaps not an overwhelming abundance of job openings relative to the national landscape.
Nearby Job Markets
Nearby Cities for Claims Adjusters, Examiners, and Investigators
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Claims Adjusters, Examiners, and Investigators Salary | $80,190↑ 1% | 96 mi |
Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC
Hiring Claims Adjusters, Examiners, and Investigatorss?
Frequently Asked Questions
How much does a Claims Adjusters, Examiners, and Investigators make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The median annual salary for a Claims Adjusters, Examiners, and Investigators in Virginia Beach-Chesapeake-Norfolk, VA-NC is $79,040. This typically ranges from $49,210 for entry-level positions to $105,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 3.0% higher than the national median of $76,760.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a lucrative place for Claims Adjusters, Examiners, and Investigatorss?
Yes, it is a moderately lucrative place for Claims Adjusters, Examiners, and Investigators.The average salary of $79,040 slightly exceeds the national average, and the cost of living is exactly at the national average, providing good purchasing power.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Claims Adjusters, Examiners, and Investigators?
The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?
Some top paying nearby cities include Richmond, VA ($80,190) and others.
How does the Virginia Beach salary compare to the national average?
The average annual salary for Claims Adjusters, Examiners, and Investigators in Virginia Beach-Chesapeake-Norfolk, VA-NC is $79,040, which is slightly higher than the national average of $76,760.
What is the cost of living in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The Cost of Living Index for Virginia Beach-Chesapeake-Norfolk, VA-NC is 100, which is exactly the national average.
How many Claims Adjusters, Examiners, and Investigators work in the Virginia Beach area?
There are approximately 1,030 Claims Adjusters, Examiners, and Investigators employed in the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area.
Is the job market for Claims Adjusters saturated in Virginia Beach?
With a Location Quotient of 0.69, the market is slightly less concentrated than the national average, suggesting a stable rather than saturated job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,030 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 1.358 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Claims Adjusters, Examiners, and Investigators • Data source: BLS OEWS 2024 •Jobs in Virginia Beach-Chesapeake-Norfolk, VA-NC